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Investing.com22d agoneutral
Where’s the long-term money in softlines?

Investing.com -- Long-term investors remain broadly underweight U.S. softlines stocks, with Ross Stores standing out as a recent beneficiary of shifting fund positioning, according to Evercore ISI.

Albany (AIN): Buy, Sell, or Hold Post Q2 Earnings?
StockStory23d agoneutral
Albany (AIN): Buy, Sell, or Hold Post Q2 Earnings?

Albany currently trades at $59.13 per share and has shown little upside over the past six months, posting a small loss of 0.8%. The stock also fell short of the S&P 500’s 11.6% gain during that period.

Warsh’s Less Communicative Stance Means an Unpredictable Day for Markets
The Wall Street Journal23d agoneutral
Warsh’s Less Communicative Stance Means an Unpredictable Day for Markets

Investors will be hanging on just about every word Federal Reserve Chairman Kevin Warsh has to offer today on inflation and interest rates at the Fed’s annual conference in Jackson Hole, Wyo. Warsh might break from his predecessors on this approach, given his preference that the Fed communicate less. In recent years, stock performance has been all over the map on Jackson Hole days.

Fed Credibility Is On The Line In Warsh Jackson Hole Speech (Live Coverage)
Investor's Business Daily23d agobearish
Fed Credibility Is On The Line In Warsh Jackson Hole Speech (Live Coverage)

The speech gives Warsha chance make up for his July 29 news conference that sent long-term Treasury yields jumping amid doubts about his determination to rein in inflation. S&P 500 futures are slightly lower and the 10-year Treasury yield modestly higher ahead of the big speech. The developments since July 29 have only raised the stakes for Warsh's talk.

Futures trading points to a sluggish day on Wall Street
Proactive23d agoneutral
Futures trading points to a sluggish day on Wall Street

Ding, dong: Ahead of the bell Wall Street is watching Wyoming this morning. US stock futures idled on Friday, with traders in no mood for big bets ahead of Federal Reserve chair Kevin Warsh's speech at the Jackson Hole symposium. Dow and S&P 500 futures hovered near flat, while the...